Buy-Sell Strategies

Buy-sell strategies for business succession are designed to help business owners plan for future contingency events that may impact their ability to meet their long-term financial goals. A funded buy-sell agreement is an essential planning tool to help enhance the stability and financial value of a closely held business.

Get a Business Continuation proposal - Request for Proposal (DOC) (BB8720)

Benefits of a properly funded buy-sell agreement from Principal:

• Provide departing owners a market and price for an asset that might otherwise be hard to sell.
   
• Permit remaining owners to prevent an unqualified individual from acquiring an interest in the business.
   
• Minimize business disruptions resulting from disagreements among owners at various triggering events.
   
• Provide assurances to employees, customers, suppliers and creditors that the business can remain competitive through owner(s) transitions.
   
• Help owners use their business as a source of retirement income. View infographic (PDF) (BB11378).

Get started by reviewing Insurance-Related Best Practices (PDF) (BB11258). Then, learn about the three most common buy-sell options using  Buy-Sell Quick Reference Guide (PDF) (BB9090) – which outlines the three more common buy-sell options: Cross Purchase, Entity Purchase and Wait and See.

View Solutions below for more details about each strategy to choose the one that will be best for your client.

Important Information

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